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38 N Dragonwood Place
About This Property
The first-floor layout features a galley-style kitchen, a spacious utility room, a formal dining room, an inviting family room, the primary suite, and an additional secondary bedroom with a full bath. Upstairs, three secondary bedrooms share two updated full baths, a game room and an oversized storage room.
Outside, your private backyard oasis: pool with swim-up bar, outdoor kitchen, oversized hot tub and a low maintenance turfed yard. Fully finished detached garage with epoxy flooring and a convenient pool bath. Additional improvements include new carpet, fully remodeled secondary bathrooms, a new first-floor AC unit, fresh interior and exterior paint, and much more (see attached).
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2026 | Sold | ||
| Sold | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Price Decreased |
$749,000
↓ $50K
(6.3%) | |
| Price Decreased | |||
| Dec 2, 2025 | Listed by Keller Williams Realty The Woodlands | $799,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017